The unemployment rate in France was steady at 7.5% in the fourth quarter of 2023, the same as an upwardly revised reading of 7.5% in the previous quarter and compared to market forecasts of 7.4%. The number of unemployed persons increased by 29 thousand to 2.3 million, with the unemployment rate for people aged 25 to 49 rising by 0.2 percentage points to 7%. Meanwhile, the unemployment rate for people aged 15 to 24 decreased by 0.2 percentage points to 17.5% and declined by 0.1 percentage points to 5% for those aged 50 and more. Among genders, men's unemployment rate ticked up by 0.1 percentage points to 7.6%, while it ticked down by 0.1 percentage points to 7.4% for women. Meantime, the activity rate rose to 74.1% in the fourth quarter of 2023 from 73.8% in the previous three-month period. source: INSEE, France
Unemployment Rate in France remained unchanged at 7.50 percent in the fourth quarter of 2023 from 7.50 percent in the third quarter of 2023. Unemployment Rate in France averaged 8.36 percent from 1975 until 2023, reaching an all time high of 10.70 percent in the first quarter of 1994 and a record low of 3.20 percent in the first quarter of 1975. This page provides the latest reported value for - France Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2024.
Unemployment Rate in France remained unchanged at 7.50 percent in the fourth quarter of 2023 from 7.50 percent in the third quarter of 2023. Unemployment Rate in France is expected to be 7.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Unemployment Rate is projected to trend around 7.60 percent in 2025 and 7.90 percent in 2026, according to our econometric models.